(NJR) NewJersey Resources - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6460251068

Stock:

Total Rating 47
Risk 69
Buy Signal 0.57
Risk 5d forecast
Volatility 18.5%
Relative Tail Risk -0.65%
Reward TTM
Sharpe Ratio 0.80
Alpha 12.63
Character TTM
Beta 0.065
Beta Downside 0.270
Drawdowns 3y
Max DD 27.79%
CAGR/Max DD 0.21

EPS (Earnings per Share)

EPS (Earnings per Share) of NJR over the last years for every Quarter: "2020-12": 0.46, "2021-03": 1.77, "2021-06": -0.15, "2021-09": 0.07, "2021-12": 0.69, "2022-03": 1.36, "2022-06": -0.04, "2022-09": 0.5, "2022-12": 1.14, "2023-03": 1.16, "2023-06": 0.1, "2023-09": 0.3, "2023-12": 0.74, "2024-03": 1.41, "2024-06": -0.09, "2024-09": 0.89, "2024-12": 1.2828, "2025-03": 1.78, "2025-06": -0.15, "2025-09": 0.16, "2025-12": 1.17,

Revenue

Revenue of NJR over the last years for every Quarter: 2020-12: 449.053, 2021-03: 765.768, 2021-06: 366.596, 2021-09: 545.185, 2021-12: 675.692, 2022-03: 923.898, 2022-06: 551.727, 2022-09: 765.486, 2022-12: 713.529, 2023-03: 636.819, 2023-06: 251.427, 2023-09: 327.609, 2023-12: 453.18, 2024-03: 661.564, 2024-06: 272.076, 2024-09: 397.649, 2024-12: 490.993, 2025-03: 876.947, 2025-06: 323.884, 2025-09: 341.478, 2025-12: 605.615,

Description: NJR NewJersey Resources

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to residential and commercial customers in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, Indiana, and Pennsylvania. The Energy Services segment maintains and transacts natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services. The Storage and Transportation segment invests in energy-related ventures. It provides home services and other operations, such as heating, ventilation, and cooling services; sales and installation of appliances; electrical and generator service and installations; and plumbing repair and installation services, as well as holds commercial real estate properties. The company also offers shared administrative and financial services; and natural gas storage and transmission assets services. New Jersey Resources Corporation was founded in 1922 and is headquartered in Wall, New Jersey.

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 326.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.03 > 0.02 and ΔFCF/TA 0.24 > 1.0
NWC/Revenue: -7.29% < 20% (prev -4.83%; Δ -2.47% < -1%)
CFO/TA 0.06 > 3% & CFO 504.4m > Net Income 326.8m
Net Debt (4.13b) to EBITDA (737.5m): 5.60 < 3
Current Ratio: 0.83 > 1.5 & < 3
Outstanding Shares: last quarter (101.2m) vs 12m ago 0.75% < -2%
Gross Margin: 26.16% > 18% (prev 0.26%; Δ 2591 % > 0.5%)
Asset Turnover: 28.45% > 50% (prev 25.33%; Δ 3.12% > 0%)
Interest Coverage Ratio: 4.18 > 6 (EBITDA TTM 737.5m / Interest Expense TTM 130.4m)

Altman Z'' 1.33

A: -0.02 (Total Current Assets 781.3m - Total Current Liabilities 937.9m) / Total Assets 7.91b
B: 0.19 (Retained Earnings 1.53b / Total Assets 7.91b)
C: 0.07 (EBIT TTM 544.5m / Avg Total Assets 7.55b)
D: 0.33 (Book Value of Equity 1.77b / Total Liabilities 5.43b)
Altman-Z'' Score: 1.33 = BB

Beneish M -2.86

DSRI: 1.06 (Receivables 424.8m/338.8m, Revenue 2.15b/1.82b)
GMI: 0.99 (GM 26.16% / 25.79%)
AQI: 1.04 (AQ_t 0.12 / AQ_t-1 0.12)
SGI: 1.18 (Revenue 2.15b / 1.82b)
TATA: -0.02 (NI 326.8m - CFO 504.4m) / TA 7.91b)
Beneish M-Score: -2.86 (Cap -4..+1) = A

What is the price of NJR shares?

As of March 01, 2026, the stock is trading at USD 54.24 with a total of 601,855 shares traded.
Over the past week, the price has changed by +1.86%, over one month by +10.83%, over three months by +13.99% and over the past year by +18.05%.

Is NJR a buy, sell or hold?

NewJersey Resources has received a consensus analysts rating of 3.88. Therefore, it is recommended to buy NJR.
  • StrongBuy: 3
  • Buy: 1
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NJR price?

Issuer Target Up/Down from current
Wallstreet Target Price 55 1.4%
Analysts Target Price 55 1.4%

NJR Fundamental Data Overview February 24, 2026

P/E Trailing = 16.4861
P/E Forward = 14.9925
P/S = 2.4943
P/B = 2.172
P/EG = 1.8848
Revenue TTM = 2.15b USD
EBIT TTM = 544.5m USD
EBITDA TTM = 737.5m USD
Long Term Debt = 3.27b USD (from longTermDebt, last quarter)
Short Term Debt = 535.3m USD (from shortTermDebt, last quarter)
Debt = 4.14b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 4.13b USD (from netDebt column, last quarter)
Enterprise Value = 9.50b USD (5.37b + Debt 4.14b - CCE 2.43m)
Interest Coverage Ratio = 4.18 (Ebit TTM 544.5m / Interest Expense TTM 130.4m)
EV/FCF = -43.48x (Enterprise Value 9.50b / FCF TTM -218.6m)
FCF Yield = -2.30% (FCF TTM -218.6m / Enterprise Value 9.50b)
FCF Margin = -10.18% (FCF TTM -218.6m / Revenue TTM 2.15b)
Net Margin = 15.21% (Net Income TTM 326.8m / Revenue TTM 2.15b)
Gross Margin = 26.16% ((Revenue TTM 2.15b - Cost of Revenue TTM 1.59b) / Revenue TTM)
Gross Margin QoQ = 43.38% (prev 10.86%)
Tobins Q-Ratio = 1.20 (Enterprise Value 9.50b / Total Assets 7.91b)
Interest Expense / Debt = 0.86% (Interest Expense 35.7m / Debt 4.14b)
Taxrate = 21.84% (34.2m / 156.7m)
NOPAT = 425.6m (EBIT 544.5m * (1 - 21.84%))
Current Ratio = 0.83 (Total Current Assets 781.3m / Total Current Liabilities 937.9m)
Debt / Equity = 1.67 (Debt 4.14b / totalStockholderEquity, last quarter 2.47b)
Debt / EBITDA = 5.60 (Net Debt 4.13b / EBITDA 737.5m)
Debt / FCF = -18.88 (negative FCF - burning cash) (Net Debt 4.13b / FCF TTM -218.6m)
Total Stockholder Equity = 2.44b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.33% (Net Income 326.8m / Total Assets 7.91b)
RoE = 13.39% (Net Income TTM 326.8m / Total Stockholder Equity 2.44b)
RoCE = 9.53% (EBIT 544.5m / Capital Employed (Equity 2.44b + L.T.Debt 3.27b))
RoIC = 7.15% (NOPAT 425.6m / Invested Capital 5.95b)
WACC = 3.77% (E(5.37b)/V(9.51b) * Re(6.16%) + D(4.14b)/V(9.51b) * Rd(0.86%) * (1-Tc(0.22)))
Discount Rate = 6.16% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 1.34%
[DCF] Fair Price = unknown (Cash Flow -218.6m)
EPS Correlation: 0.71 | EPS CAGR: -3.93% | SUE: 0.55 | # QB: 0
Revenue Correlation: -32.74 | Revenue CAGR: -10.65% | SUE: 0.39 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.74 | Chg7d=+0.098 | Chg30d=+0.072 | Revisions Net=+2 | Analysts=3
EPS current Year (2026-09-30): EPS=3.28 | Chg7d=+0.025 | Chg30d=+0.151 | Revisions Net=+3 | Growth EPS=-0.4% | Growth Revenue=+9.0%
EPS next Year (2027-09-30): EPS=3.43 | Chg7d=+0.025 | Chg30d=-0.017 | Revisions Net=-2 | Growth EPS=+4.6% | Growth Revenue=+3.3%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.9% (Discount Rate 7.9% - Earnings Yield 6.1%)
[Growth] Growth Spread = -9.8% (Analyst -7.9% - Implied 1.9%)

Additional Sources for NJR Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle